WebStep 1. Calculate the amount that you are supposed to enter on a particular line without rounding. For example, if you are entering income from taxable interest and … Weba 40% tax on the 'super profits' earned from the extraction and sale of nonrenewable resources from 1 July 2012 with a credit for any royalties; and. a refundable tax offset for exploration expenditure. As the RSPT will be deductible for income tax purposes, the effective combined tax rate on the 'super profits' will be 58% (at the current ...
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